Gold Prices Fluctuate Significantly; Shanghai Gold Exchange Issues Risk Control Notice

MaticHoleFiller · 2026-03-25T01:25:02+00:00

On March 23rd, domestic gold prices experienced a sharp decline, with Shanghai gold prices breaking below 1,000 yuan per gram, while the precious metals sector fell 8.3% overall. The Shanghai Gold Exchange issued a risk control notice, calling on the market to pay attention to price fluctuations and implement proper risk prevention measures. Multiple banks adjusted their precious metals business rules and tightened trading policies, reflecting market concerns and risk-averse sentiment.

MaticHoleFiller

2026-03-25 01:25:02

Abstract generation in progress

Investing in stocks? Rely on Golden Kylin Analyst Reports—authoritative, professional, timely, comprehensive—helping you uncover potential thematic opportunities!

Source: Economic Information Daily

On the morning of March 23, domestic gold prices quickly fell below 1,000 yuan per gram. The Shanghai Gold Exchange (SGE) official website shows that the early trading price was 982.63 yuan per gram, and the midday quote dropped to 938.58 yuan per gram; Shanghai Silver’s early price was 16,718 yuan per kilogram, with the midday quote at 15,541 yuan per kilogram. According to Tonghuashun data, by the close of trading, the precious metals sector declined by 8.3%; among individual stocks, Chifeng Gold hit the daily limit down, Sichuan Gold, Shanjin International, and Hunan Silver fell over 9%, China Gold, and Hengbang Shares dropped more than 8%.

Regarding the sharp fluctuations in gold, silver, and other precious metal prices, the Shanghai Gold Exchange issued a risk control notice on March 23: recent market instability factors are numerous, and precious metal prices have become significantly more volatile. All member units are advised to closely monitor market changes, prepare detailed emergency risk plans, and maintain market stability. Investors are also reminded to exercise risk awareness, control positions reasonably, and invest rationally.

It is worth noting that, recently, due to increased volatility in precious metal prices, many banks have gradually tightened their rules for precious metal services. Ping An Bank announced on March 10 that, starting April 1, 2026, it will gradually shut down its agency of individual precious metal trading at the SGE, depending on circumstances. Industrial Bank, Minsheng Bank, and Postal Savings Bank have also announced the closure of their agency services for individual precious metal trading at the SGE.

Meanwhile, several state-owned and joint-stock banks have implemented a series of adjustments regarding gold trading margin requirements, quota management, and trading channels. For example, China Construction Bank stated that to further strengthen risk control, it has implemented dynamic trading limit management for CCB Gold (including Easy Deposit Gold) starting March 4.

Dongguan Securities research report pointed out that short-term risk aversion sentiment has eased, and concerns about inflation have reduced expectations of Fed rate cuts. Coupled with a strengthening dollar, this has caused gold prices to fluctuate weakly. Currently, the gold market is experiencing intensified battles between bulls and bears, and further clarity on geopolitical developments is needed.

Sina’s major platform for futures account opening—safe, fast, and reliable.

Massive information, precise analysis, all on Sina Finance APP.

Editor: Qin Yi

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.